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Industra Bank AS (Latvia)

Main Activities: Commercial Banking
Full name: Industra Bank AS Profile Updated: September 27, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Industra Bank AS (until 2020 Meridian Trade Bank AS, until 2014 SMP Bank, until 2008 Multibanka) was incorporated in the Republic of Latvia as a joint stock company “Multibanka” in 1994, in Riga and is licensed as a bank offering a wide range of financial services to enterprises and individuals. The legal address of the Bank is Elizabetes iela 57, Riga, Latvia. In 2011 the Bank opened a branch in Vilnius, commencing operations in the Lithuanian market.

Headquarters
Muitas iela 1
Riga; Riga; Postal Code: 1010

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Website: http://www.mtbank.eu

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Board member
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Board member
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Member of Management Board
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Member of Management Board
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Chairman of the Board of Directors
Ownership Details
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42.23%
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25%
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9.99%
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9.97%
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6.38%
Company Performance
Financial values in the chart are available after Industra Bank AS report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net interest income
209.54%
Net fee and commission income
5.3%
Operating profit (EBIT)
43.38%
Net Profit (Loss) for the Period
93.12%
Total assets
-5.35%
Total equity
34.49%
Total Assets Trend
N/A
Net Interest Income Trend
95.42%
Cost to Income Ratio
0.65%
Loans to Asset Ratio
0%

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